Schweitzer Bruce R 4
4 · HORMEL FOODS CORP /DE/ · Filed Dec 20, 2010
Insider Transaction Report
Form 4
Schweitzer Bruce R
Vice President
Transactions
- Exercise/Conversion
Common Stock
2010-12-16$38.71/sh+10,000$387,100→ 10,005 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-12-16$25.26/sh−5,000$126,300→ 10,000 totalExercise: $25.26Exp: 2018-12-02→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2010-12-16$25.26/sh+5,000$126,300→ 15,005 total - Tax Payment
Common Stock
2010-12-16$51.62/sh−1,792$92,503→ 5 total - Exercise/Conversion
Stock Options (Right to Buy)
2010-12-16$38.71/sh−10,000$387,100→ 10,000 totalExercise: $38.71Exp: 2016-12-06→ Common Stock (10,000 underlying) - Sale
Common Stock
2010-12-16$51.02/sh−13,208$673,866→ 1,797 total
Footnotes (4)
- [F1]Reporting Person also indirectly holds 1,203.3 shares in the 401(k), and 14,998 shares in the JEPST Trust.
- [F2]Reporting Person has exercised Stock Withholding Rights in connection with this option exercise, as reflected on Table I.
- [F3]The option vested in four equal annual installments, with the first group vesting on December 5, 2007.
- [F4]The option is vesting in four equal annual installments, with the group being exercised vesting on December 2, 2010.